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BULLION

GOLD

Present short covering move less likely to gain momentum unless prices sustained above the 46480 region. But rise above the same may call fresh buying in the session to come.

SILVER

Prices possibly to extend the previous session weakness in the upcoming trading session. Although in this bearish sentiments, rebounding trades above the 62500 could boost prices higher.

ENERGY

CRUDEOIL

By breaking the downside hurdle of 5260 would be a sign of intraday selling pressure . Inability to challenge below the same may lift prices further higher.

NATURAL GAS

Broad buying still intact and possibly to strengthen in the session to come. But in this bullish sentiments a corrective fall below 383 may bid fresh long liquidation move.

BASE METALS

COPPER

Prices likely to gain support around 724 for a price rebound in the coming session. But in this positive picture, a corrective fall which settle below the same may grab prices lower.

NICKEL

Next phase of buying may be seen only by revisiting trades above the 1528 region. Which if remain undisturbed could expect prices to trade lower in the upcoming session.

ZINC

As long as prices stay above the downside hurdle of 255.70 could expect prices to trade higher. But a direct fall which claim below the same may squeeze down prices lower.

LEAD

By breaking off the downside hurdle of 186.50 may grab prices lower. Else hold the same for an intraday price rally towards higher

ALUMINIUM

Prices have been approaching towards the upside hurdle of 231 region. Which if breaks could expect prices to trade further higher. Else hold the same for a downside corrective move.

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